Is Shaq (Shaquille O’Neal) a billionaire thanks to his investments and businesses?

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Atanu Bera

Know that if NBA legend Shaq (Shaquille O’Neal) is really a billionaire?

Shaquille Rashaun O’Neal aka. Shaquille O’Neal is one of the most famous personalities in the basketball world, and also in the NBA.

Is shaq a billionaire
Shaquille O’Neal is a four-time NBA champion. (Image: Getty)

A legendary big man of his era, Shaquille O’Neal is still relevant to this day. But his relevancy is no more based on his basketball skills but on something else.

While playing in the NBA, Shaquille O’Neal was drafted in the 1992 NBA Draft by the Orlando Magic. He played for 19 seasons in the NBA and during this long career span, he has played for six NBA teams. Shaq has notably played for Orlando Magic, Los Angeles Lakers, Miami Heat, Phoenix Suns, Cleveland Cavaliers, and the Boston Celtics.

Shaq is famously known for his playing stint with the LA Lakers, Miami Heat, and Orlando Magic.

In his long NBA career of 19 years, Shaq has been an NBA champion four times, three-time NBA Finals MVP, NBA Most Valuable Player, a fifteen-time NBA All-Star, NBA Rookie of the Year, and much more.

A player of Shaq’s stature is bound to be a high-income player. And a high-income player Shaq surely was.

After playing 19 seasons in the NBA, Shaq earned a huge total salary. At the time of retirement, Shaq had an estimated earning of around $286,344,668. This means Shaq earned nearly $287 million by just playing in the NBA.

Apart from drawing a huge salary from the NBA, Shaq is also known for several endorsements, sponsorships, investments, partnerships, etc. Did all these financial involvements, including his NBA salary make Shaq a billionaire?

Let us find out if Shaquille O’Neal is a billionaire or not.

Is Shaquille O’Neal really a billionaire?

Apart from earning a huge salary from the NBA, Shaq, over time has invested in several businesses and ventures. Shaq’s one of the most famous business deal was with Google. His Google deal literally made him a few million richer.

Shaq has a unique belief in investing in a business. He only invests in businesses that he wholeheartedly believes in. Also, Shaq is inspired by Jeff Bezos and follows Bezos’ investment strategy. And until now, his belief seems to work.

According to sources, Shaq owns around 40 fitness centers and over 150 car washes. He also has a niche for food franchises. Shaq is a brand ambassador for Papa John’s and owns 9 units. He is also the owner of 17 Auntie Anne’s Pretzels restaurants. It is said that Shaq also owns several restaurants. Shaq also has a few Krispy Kreme franchises.

In a brief estimate, Shaq owns over 200+ business locations, which include several franchises and ventures.

With all his businesses, investments, ventures, and salaries combined, Shaquille O’Neal has a net worth of $400 million in 2022.

So, to answer the question if Shaq is really a billionaire or not, here it is. He might not be a billionaire right now with his current net worth, but in the coming years, it is quite possible that Shaq will actually become a billionaire.

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